Coeur Mining with ticker code (CDE) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 14 and 8.75 calculating the average target price we see 10.28. Now with the previous closing price of 6.92 this is indicating there is a potential upside of 48.6%. The day 50 moving average is 6.94 and the 200 day moving average is 8.71. The company has a market capitalisation of $1,833m. Visit the company website at: http://www.coeur.com
Coeur Mining explores for, develops, produces, and sells precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It holds 100% interests in the Palmarejo gold and silver mine covering an area of approximately 67,296 net acres located in the State of Chihuahua in Northern Mexico; the Rochester silver and gold mine that covers an area of approximately 17,044 net acres situated in northwestern Nevada; the Kensington gold mine comprising 12,336 net acres located to the north of Juneau, Alaska; the Wharf gold mine covering an area of approximately 7,852 net acres situated in the northern Black Hills of western South Dakota; and the Silvertip silver-zinc-lead mine comprising 98,834 net acres located in northern British Columbia, Canada. The company also owns interests in the Crown and Sterling projects located in southern Nevada; and the La Preciosa project located in Mexico. It markets and sells its concentrates to third-party refiners, smelters, and off-take customers. The company was formerly known as Coeur d’Alene Mines Corporation and changed its name to Coeur Mining in May 2013. Coeur Mining was incorporated in 1928 and is headquartered in Chicago, Illinois.